WHISTLER REAL ESTATE TERMS: “PHASE TWO”
Posted by Denise Brown on
In a previous blog post, I told you all about the Phase I covenant. In this post, I’m going to cover its counterpart, the Phase II covenant.
Wait… What’s a Covenant Again?
For a refresher, a covenant is something that is registered to a property’s title by the Resort Municipality of Whistler (RMOW). It is NOT a zoning bylaw, which is something that can be amended (at least in theory – this is not a fast, easy, or guaranteed process). The Phase II covenant runs with a property’s title – in other words, it’s not going anywhere.
Permitted Uses
While the Phase I covenant allows several uses, the Phase II covenant is not nearly as flexible. Here is how the RMOW defines it:
A Phase II Rental Pool Covenant is more restrictive in terms of owner…
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